In 2024, the cryptocurrency market may usher in an unprecedented period of prosperity, heralding huge profit potential. It is particularly noteworthy that Bitcoin has not yet refreshed its historical high before entering the halving cycle, so this bull market seems to have unique characteristics.

Recently, the spot ETFs for Bitcoin and Ethereum have been successfully approved by the U.S. Securities and Exchange Commission, which is undoubtedly a landmark milestone. This event may be the beginning of a super bull market cycle, as all aspects of the market are showing a positive trend.

What is particularly noteworthy is that the approval of the Ethereum spot ETF may stimulate the activity of the altcoin market and set off a new wave of enthusiasm. Although it is difficult for us to fully evaluate the specific impact of this approval on the market, it undoubtedly injects new vitality and expectations into the future development of the cryptocurrency market.

1.ARB

Arbitrum, as a key second-layer (L2) scaling technology in the Ethereum ecosystem, significantly improves the speed, scalability, and cost-effectiveness of the Ethereum network by implementing optimistic aggregation technology.

Currently, Arbitrum is trading at a stable price of $0.9626, with a market cap of $2.8 billion. However, it is worth noting that its price has fallen by about 59% from its previous all-time high of $2.40, and this market correction provides us with a potential opportunity to conduct a regular fixed amount investment (DCA) strategy.

Given Arbitrum's important role in the expansion of the Ethereum network, and its recent price performance in the pre-bull run, we have reason to believe that Arbitrum (ARB) could see significant growth in market value with the launch of the Ethereum Spot ETF , it is expected to achieve a return of at least 5 times. This forecast is based on its potential growth potential as an important infrastructure component of Ethereum and the market’s positive expectations for its future development.

2. PUT

Metis, as a second layer (L2) expansion solution for Ethereum, aims to overcome the core challenge of blockchain technology - the so-called "blockchain trilemma", which is the difficulty of achieving decentralization, security and scalability at the same time. In addition, Metis is also committed to solving the key problems currently facing Ethereum, including transaction speed, cost and overall scalability.

The project has experienced a relatively stable consolidation period in the market, with its trading price fluctuating between $18 and $15 for a long time, but it has finally broken through this range recently, showing its potential vitality. From a market value perspective, Metis' current market value is approximately $372 million, which is still relatively low compared to other leading L2 projects such as MATIC, OP and ARB.

Considering that the attention of Ethereum's second-layer solutions is gradually increasing, especially the possibility of launching Ethereum spot ETF, we have reason to believe that the value of METIS may usher in significant growth in the future. Specifically, with the approval of the Ethereum ETF and the positive market response, the value of METIS has the potential to achieve a 10-fold increase in a short period of time. This prediction is based on Metis’s potential value as an important L2 project for Ethereum and the long-term trend of the market.

3.OP

Optimism, as the core expansion solution of Ethereum, has demonstrated its strong market influence, and its total locked value (TVL) has exceeded US$786 million. This figure undoubtedly highlights its prominent position in the Ethereum ecosystem. . It is worth mentioning that Base Network, as a project built on OP Stack, is actively contributing to Optimism Collective. This interaction not only enhances the ecological vitality of Optimism Network, but also brings broader community support to it. .

As the Base network gradually attracts market attention, its success indirectly injects new vitality into the Optimism block, further driving the demand for OP tokens. Since its launch in June 2023, the price of Optimism has experienced a significant wave of increases, and although the price has fluctuated within a certain range since then ($2.5 to $2.0), the overall trend has remained strong. Currently, Optimism's market capitalization has reached US$2.4 billion, its trading price has stabilized at US$2.2, and it hit an all-time high of US$4.85 in March 2024.

Looking ahead, as the launch of the Ethereum spot ETF has become the focus of market discussion, we have reason to believe that Optimism will usher in another explosion in value. Especially considering the market narrative and capital flow that the Ethereum ETF may bring, investing in Optimism is expected to achieve a return of more than 500% between June and July. Of course, this forecast still depends on the specific launch time of the Ethereum ETF and the market reaction. But in any case, as a highly anticipated Ethereum expansion solution, Optimism undoubtedly has huge potential for future development.

4.DOG

Recently, market capital flows have shown a significant trend, and a large number of investors have chosen to transfer funds originally invested in PEPE and SHIB to Dogecoin (DOGE). Behind this capital movement is the important news recently announced by Tesla founder Musk - Dogecoin will become one of Tesla's official payment options.

Currently, the trading price of Dogecoin is stable at $0.13. This price level is regarded as having significant investment potential by many market analysts and investors, who generally believe that the market value of Dogecoin is undervalued. As well-known companies such as Tesla begin to accept and recognize Dogecoin as a payment method, the potential value and market status of Dogecoin are gradually being widely recognized by the market.

For investors who already hold Dogecoin, this is undoubtedly a highly anticipated moment. With the continuous changes in the market and more positive news that may appear in the future, the future performance of Dogecoin will be full of more expectations. Market observers generally believe that Dogecoin is expected to usher in a stronger growth momentum in the future.



If you don't know how to screen strong coins, I suggest you follow me. Whether it is spot or Heyue, a little shot may be your limit. The opportunity is short, so you must seize it! Success does not depend on luck, choice is greater than effort, and the circle determines destiny. In the currency circle, in addition to having a keen eye for judging the situation, you also need to follow a good leader. If you follow me, you are already halfway to success in the currency circle.#美联储利率决策即将公布 #美联储何时降息？